2nd position loan questions
How do you insure you mitigate the risk of not being paid back?
For me I use;
2nd lien on target property or cross collateral property deed of trust
JV agreement
Promissory Note
Pers...
If you have 50k to buy rental property with, where and what would you purchase?
To begin my discussion I need to clarify that I am new to Bigger Pockets. Also, I need to clarify that I am an ambitious young student determined to have one million dollars in my bank account by 24. I am 20 years old...
Hello everyone, I am a practicing pharmacist/ pharmacy owner from San Jose, California. I recently stumbled upon BIggerPockets and am now obsessed about REI. I have zero experience in real estate investing, but I am i...
Hello,I have a contractor that is requesting 50% of what he quoted the job up front. It isn’t a super large sum of money, but I’m curious on what type of things I should do/look for to protect myself. As of now all I ...
What's up BiggerPockets community! My name's Cameron and I'm a 17 year old high school senior from Fort Smith, Arkansas. I'm going to college next year at the University of Arkansas to study Investments and Securities...
Hi,
I’m currently living in Orange County, CA and would like to work with a real estate CPA to do my taxes and optimize/evaluate my tax returns from previous year.
I’ve always done taxes by myself using TurboTax in...
Hey everyone! So I've been listening to REtipster videos, the land geek podcasts, and landacademy.com podcasts for quite some time just taking it all in. I've been seriously considering purchasing either the Land Ge...
I recently purchased a 1402 Sq ft condo in Charlestown MA. I knew the condo association was reviewing bids for an upcoming exterior paint job and repairing rotted wood. After closing on the condoI asked if they could...
So a little bit about my background before I dive in: I previously have owned rental properties before (back in 2018 - 2019). Those properties we all bought in cash (no leverage) they were lower end properties that ca...